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Author Question: Cyclical unemployment: a. causes unemployment statistics to be understated. b. causes unemployment ... (Read 76 times)

torybrooks

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on: Jun 30, 2018
Cyclical unemployment:
 a. causes unemployment statistics to be understated.
  b. causes unemployment statistics to be overstated.
  c. occurs because of recessions.
  d. occurs because of technological innovations in production.
  e. only occurs with a zero inflation rate.

Question 2

The change in consumption divided by a change in income is called the:
 a. consumption function.
  b. marginal propensity to consume.
  c. marginal propensity to spend.
  d. spending function.
  e. changing propensity to consume.


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CourtneyCNorton

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


torybrooks

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Bigfoot1984

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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